Wagering on the 2008 election

[revots33]

Wasn't sure if politics or Internet gambling was the best place for this as it kind of covers both...

Was looking at the odds at WSEX and INtrade to see if there were any good wagers on either the Repub or Dem nominee side. Does anyone see any money to be made on these?

Right now I'm focusing on who will win the republican nomination. Here are the current WSEX buy-sell prices per share (each share returns $100 if they win the nomination):

Giuliani 25-30
Romney 21-26
Thompson 17-22
McCain 16-21
Gingrich 3-6

Any thoughts? In my mind Thompson seems overpriced and might be a short candidate. I also think a combination of an even amount wagered on Rudy/Romney might be a good wager as they seem to be the 2 most likely winners by far.